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Announcement i()ii -1912 




September 28, Thursday. . .Annual Opening of the School of Com- 

September 29, Friday Registration Day 

October 2, Monday Regular class work begins 

November 29, Wednesday. Thanksgiving recess to November 30, 

Thursday inclusive 
December 25, Monday. . . .Christmas recess to January i, Monday 



January 2, Tuesday Class work resumed 

January 22, Monday Mid-year examinations begin 

February 5, Monday Second semester begins 

February 22, Thursday .... Washington's Birthday 

May 29, Wednesday Instruction closes 

June 12, Wednesday Fifty-Fourth Annual Commence- 



The School of Commerce was organized in June, 1908, sixty 
business men of Chicago, members of the Chicago Association of 
Commerce, the Illinois Society of Certified Accountants, and the 
Industrial Club of Chicago, assuming financial responsibility for the 
School during the first three years of its existence. The co-opera- 
tion of these men with the University in founding a University 
School of Commerce was brought about largely through the efforts 
of Mr. Joseph Schaffner. 

The School is an integral part of Northwestern University under 
the immediate financial supervision of an executive committee com- 
posed of the president and the business manager of the University, 
three members of the Chicago Association of Commerce, and three 
members of the Illinois Society of Certified Public Accountants. 
The co-operation of the University with active business men insures 
the maintenance of university standards and serves at the same time 
to keep the instruction in close touch with actual business life and 
modern commercial methods. 


(i) The undersigned subscribers to this agreement shall con- 
stitute a Board of Guarantors, who, through an Executive Com- 
mittee, shall supervise the finances of the School of Commerce, who 
shall authorize all expenditures and to whom a detailed financial state- 
ment shall be submitted annually. The acts of the Board of Guarantors 
and of its committees shall be subject to the approval of the Exec- 
utive Committee of the Board of Trustees. 

(2) The business and financial management of the School shall be 
vested in an Executive Committee of the Board of Guarantors, con- 
sisting of the President of the University, ex-officio, and of seven mem- 
bers, one of whom shall directly represent Northwestern University, 
three shall be members of the Board of Guarantors and three shall 
be members of the Illinois Society of Certified Public Accountants. 
The representative of the University shall be its Business Manager 
and he shall be Treasurer of the School. 

(3) In consideration of the financial obligation assumed by this 
Board of Guarantors, the trustees of Northwestern University, as par- 
ties to this agreement, agree to permit the use of such available rooms 
in the Northwestern University Building, at the corner of Lake and 
Dearborn Streets, Chicago, as are necessary for the purposes of said 

^ (4) ^ The School of Commerce shall be an integral part of the 
University,^ the payment of all fees shall be made through the office 
of the University in the Northwestern University Building, at the 
corner of Lake and Dearborn Streets, in Chicago, the Business Man- 
ager shall account for fees and disburse funds on requisition in the 
regular way. 

(5) The trustees of the University, upon recommendation of the 


faculty of the School of Commerce, shall grant a diploma to students 
who have completed satisfactorily any of the prescribed courses. 

(6) The Dean of the School of Commerce, who shall be the ad- 
ministrative officer, shall be appointed by the President and trustees 
of Northwestern University. 

7. The Dean shall have power to appoint assistants in both 
instruction and administration, subject to the approval of the President 
and trustees of the University. 

(8) As soon as the required amount of subscriptions be obtained 
upon the written request of live guarantors, a meeting of the guar- 
antors in person or by proxy shall be held for organization and the 
appointment of an Executive Committee. 

(9) Except as herein definitely provided the government and 
conduct of the School shall be determined according to the statutes of 
the University. 

(10) This agreement shall cease and terminate on September 30, 

I hereby agree to become a member of the Board of Guarantors 
of the School of Commerce of Northwestern University, and agree to 
become liable for a sum not to exceed the amount set opposite my 
name, to cover any deficit which may be incurred in the operation of 
said School, under the provisions set forth above. 

Any possible assessment on this subscription shall not exceed 
such proportion of the total deficit as my subscription bears to the 
total amount subscribed, and said assessment, if any, shall be payable 
on the fifteenth day of May of each year covered by this agreement. 

This agreement shall not be valid until a total of $S,ooo shall have 
been subscribed. 


The Office of the School of Commerce has been moved from the 
second to the fourth floor, Room 412. See also Page 29. 



Alfred L. Baker 
Adolphus Clay Bartlett 
Harold Benington 
Charles L. Brown 
Jonathan W. Brooks 
R. S. Buchanan 
Edward B. Butler 
J. Fred Butler 
Fayette S. Cable 
Eliada J. Cady 
James Robert Cardwell 
John Alexander Cooper 
Joseph H. DeFrees 
A. Lowes Dickinson 
Herman J. Dirks 
George W. Dixon 
William A. Dvche 
Charles W. Folds 
David R. Forgan 
Edward E. Gore 
Richard C. Hall 
William F. Hypes 
J. Porter Joplin 
William Kendall 
Edward Chester Kimbell 
Charles S. Ludlam 
John Lee Mahin 
Charles A. Marsh 
James Marwick 
Stephen T. Mather 

L. Wilbur Messer 

E. M. Mills 

S. Roger Mitchell 
Arthur G. Mitten 
Luman S. Pickett 
Ernest Reckitt 
William Hinman Roberts 
Isadore B. Rosenbach 
Albert W. Rugg 
Joseph Schaffner 
Charles H. Schv/eppe 
John W. Scott 
Elijah W. Sells 
Ernest W. Seatree 
Archibald Wilkinson Shaw 
George W. Sheldon 
Edward M. Skinner 
Allen R. Smart 
Mason B. Starring 
Joseph E. Sterrett 
Homer A. Stillwell 
Seymour Walton 
Harry A. Wheeler 

F. F. White 
John E. Wilder 
T. Edward Wilder 
Orva G. Williams 
Henry W. Wilmot 
W. A. Winterburn 
Arthur Young 



Abram Winegardner Harris, Sc.D., LL.D. 

President of the University 
Willard Eugene Hotchkiss, A.M., Ph.D. 

Dean and Professor of Economic and Social Science 

Seymour Walton, A.B., C.P.A. 

Professor of Theory and Practice of Accounting 
Walter Dill Scott, Ph.D. 

Professor of Advertising 
Murray Shipley Wildman, Ph.D. 

JProfessor of Economics and Commerce 
Earl Dean Howard, A.M., Ph.D. 

Assistant Professor of Banking and Finance 
Alfred William Bays, B.S., LL.B. 

Assistant Professor of Commercial Law- 
Frederick Shipp Deibler, Ph.D. 

Assistant Professor of Economics 
William Dunton Kerr, A.B., LL.B. 

Instructor in Transportation 
Guy Van Schaick, B.L., J.B. 

Instructor in Commercial Spanish and Commercial French 
Arthur Emil Swanson, Ph.D. 

Instructor in Economics and Business Organization 

Arthur Edward Andersen, C.P.A. 

Lecturer in Accounting 
Charles Heinrichs Langer, C.P.A. 

Lecturer in Accounting 
Walter Kay Smart, A.B., Ph.D. 

Lecturer in Business English 
Walter Sheldon Tower, Ph.D. 

Lecturer in Resources and Trade 
Neva Olive Lesley 




Roger W. Babson 

Proprietor, "The Babson Reports," Wellesley Hills, Mass. 

Nathaniel Butler 

Professor of Education, University of Chicago 

John Alexander Cooper 

Certified Public Accountant, First National Bank Building 

James B. Forgan 

President, First National Bank of Chicago 

J. Paul Goode 
Associate Professor, Department of Geography, University of Chicago 

Edward M. Skinner 
Credit Manager, Wilson Brothers 


The Northwestern University School of Com- 
University merce was established to meet the needs of 

Training for men who desire to lay a broad, scholarly foun- 

BusiNESS dation for a business career. Business men 

of wide experience are advising such a care- 
ful and thorough preparation as the Univer- 
sity School of Commerce furnishes. The development of business 
organization and of standards of efficiency has brought into teach- 
able form many permanently valuable elements in successful ex- 
perience and has made university training in business principles and 
practice feasible. 

The highest efficiency in business involves ability to see problems 
in all their relations. Men who have been trained to take a broad 
view of business activities may hope to rise to positions of command 
and influence. 

Courses in Com- The aim of the Northwestern University 
MERGE Should School of Commerce is to give to Its students 

Facilitate the advantages of university culture and a 

Promotion of broader outlook upon all the relations of their 

Employes prospective callings. By enlarging their hori- 

zon and thus increasing their efficiency, the 
School can scarcely fail to promote the progress of its students toward 
positions of greater responsibility and influence. That this effect has 
been actually realized may be inferred from the fact that the stu- 
dents who have pursued the work successfully during the past three 
years are now receiving valuable recognition In the form of promo- 
tion for Increased efficiency In their positions. 


In the past a young man who secured a posi- 
Needs of tfon with a firm in process of formation, and 

Present Day grew as the business grew, may have obtained 

Business in actual business h'fe the training best adapted 

to the needs of that time. The situation at 
present, however, is essentially different. This 
is a day of specialization. It is becoming obvious that "practical 
business experience" does not, and cannot, for the great mass of 
business employes, furnish the kind of training that is to-day de- 
manded in the more responsible positions. Able young men who 
from necessity, or from too great haste to engage in business, obtain 
employment in a narrow and special field may advance to positions 
of responsibility, but often waste years in subordinate routine work, 
unable to secure the promotion for which their native abilities, if 
properly developed, would fit them. In every business center there 
are hundreds of young men who feel keenly the need of systematic 
training which a University School of Commerce should furnish. 

The purpose of Instruction given at the School 
Purpose to of Commerce Is not to replace practical ex- 

Supplement perlence. The material offered by the busl- 

BusiNESS ness activities of the city and of the nation 

Experience constitutes the data for the laboratory of 

higher commercial education. The work of 
sj^stematlzlng this material and reducing It to teachabk form Is be- 
coming In large measure the special task of the universities. A 
course in the School of Commerce, in the case of students already 
employed In business, should supplement and systematize the re- 
sults of experience already acquired. Young men not yet entered 
upon their business activities should be enabled, through a system- 
atic course of training, to turn their subsequent experience to more 
efficient use. 

In founding the Northwestern University 
Evening School of Commerce, business men and edu- 

CouRSES cators have united to supply the professional 

Leading to training which modern business requires. To 

Diploma accommodate the large number of men w^ho 

are precluded by their employment from pur- 
suing regular day work at a university, the School began by inaug- 
urating In October, 1908, an evening course leading to a diploma in 
commerce. This work Is given five evenings a week, between the 
hours of seven and nine, from October to May Inclusive. Students 
who are able to carry the work of four courses, each one evening 
a week, can complete the diploma course in three years. If this 


number of evenings cannot be devoted to the w^ork, the time for 
completing the course is correspondingly lengthened. 

The demand for business training of university grade among men 
regularly employed in business has been amply demonstrated by the 
success of the School. A total of 539 students has been registered 
during the past year. A surprisingly large proportion of these have 
been able to carry the work throughout the season, and up to the 
close of instruction there w^ere frequent applications for admission. 

In accordance with the plan of expansion 

adopted when the School was organized, the 
New Subjects number of the faculty has been increased and 

TO Be Offered the amount of instruction offered during the 

coming year will be proportionally expanded. 

In enlarging the force of instruction, the policy 
of preserving the balance between men who devote themselves ex- 
clusively to university teaching and those who are occupied primarily 
with business pursuits has been maintained. For the coming year 
particular effort is being made to give to students of past years and 
to others possessing the necessary qualifications opportunity to pur- 
sue advanced courses in the fields in which they are most interested. 

School of Com- The service of a University School of Com- 
merce Should merce is not confined to the personal benc- 

Raise Standards fits obtained by business employes. The 
OF Business dearth of men properly qualified for positions 

Efficiency of large responsibility is a situation which 

confronts nearly every large employer. Many 
branches of business are rapidly acquiring, and ought to acquire, 
recognized professional standing. The interests of the public require 
in these branches the same grade of professional service as is demanded 
in law, medicine and other professions. The public is insisting that 
the business man look beyond the personal aspects of his activities 
to the broader principles of service upon which business organization 
is founded. 

Present-Day Every young man demands a training which 

Business will not only enable him in the face of infinite 

Requires a complexity and specialization to maintain his 

Broad place in the profession, but one which will 

Training help him to become a leader in raising the 

standards of business efficiency in the best 
sense of the word. The far-reaching public relations of a great 
modern enterprise are demanding qualities of mind and spirit which 
a comprehensive study of business, in its deeper and more fundamental 
relations, is best calculated to foster. 


The unparalleled advance of German trade 
Commercial and commerce during the last generation has 

Education in been attributed in large measure to the ex- 

EuROPE cellence and thoroughness of German com- 

mercial education. Other countries are rap- 
idly perfecting their educational systems in 
this regard, evening schools of commerce in Great Britain having 
had a noteworthy development. 

Until a few years ago, the only opportunity 
Need Is for in this country for special business training 

Training of beyond the common school or high school was 

University found in the work of elementary ''business 

Grade colleges." Useful in its field as the function 

of the business college has doubtless been, it 
has sought to prepare Its students only for the routine duties of sub- 
ordinate clerical positions. The need at present is for commercial 
education of a distinctively University grade. 

Immediate A number of universities have for several 

Demand years conducted day courses in commerce ; but 

Met by only those universities which are in close 

Evening proximity to a large city have been able to 

Courses make their work available to that class of 

students by whom It is most needed and ap- 
preciated. The evening courses not only render the service that Is 
immediately demanded, but they may be most effective in bringing 
about that close contact with actual business which is absolutely 
essential to successful education for leadership in the commercial 

Northwestern University occupies an excep- 
The University's tional position for work of this kind. Its 
Facilities for building at the corner of Lake and Dearborn 

Advanced Work Streets, Chicago, in the heart of the com- 
in Commerce mercial center of the country, Is occupied 

by several of the professional schools of the 
University and Is fully equipped for educational work. Its proximity 
to all the large libraries of the city offers unusual opportunities for 
study along lines followed In the courses. 

The situation of the school in close contact 
The School with the actual business affairs of the city 

Is Close to makes available a mass of material for study 

the Business and observation which could scarcely be ex- 

CoMMUNiTY celled any\vhere In the countr}^ The advan- 

tages of location are greatly enhanced by the 
plan under which the School is organized. The representatives of 


the leading business firms, whose names appear in the list of guaran- 
tors, have shown their direct interest in the work the School is under- 
taking. They are, moreover, through their executive committee, 
responsible for its efficient management. Some of them participate 
as special lecturers in the work of instruction, w^hile others have ex- 
pressed a willingness to make their plants available as laboratories of 
business education. Every effort Is put forth both on the part of 
the University and of the Industrial leaders of Chicago to keep the 
work in line with the needs of the business community. The 
association of practical business men In this work already has proved 
of great value to the students of the Schools and will offer peculiar 
advantages to its graduates. 


Evenings, seven to nine 


A moderate charge will be made for lecture notes in all Account- 
ing classes. In addition a set of practice books Is required In Account- 
ing I, and students in Accounting II should supply themselves with 
texts in Accounting and Auditing. 


Accounting, First Principles — Mondays and Fridays. . . .Mr. Langer 
This course Is Intended to form an Introduction to the study of 
accounting and also as a preparatory class for the Intermediate and 
advanced courses. Sufficient attention will be devoted to the funda- 
mental principles of accounting to give students without previous 
accounting experience an Intelligent understanding of the underlying 
principles. The evolution of bookkeeping practice will be taken up 
from the elementary single entry system to modern and advanced 
double entry methods. The practical work will consist of a graded 
set of practice books, covering various mercantile and manufacturing 
accounts. The "home study" work will consist of the work on the 
practice sets, problems and quiz questions which will be given through- 
out the course. The lectures furnished the students will contain a 
complete treatise covering the subjects taken up In the class room. The 
practice work Includes the opening and closing of the books of Indi- 
viduals, partnerships and corporations and the preparation of state- 
ments showing their various operating and financial conditions. 
In this connection full consideration will be given to depreciation, 
reserves, accrued accounts and deferred charges. 

It is expected that this course will normally precede the course in 
Intermediate accounting; the two courses may, however, be taken con- 
temporaneously by students who have a knowledge of bookkeeping 
and who desire to specialize in accounting. 

Accounting, Intermediate — Mondays and Fridays. . . .Mr. Andersen 
This course presupposes a thorough knowledge of bookkeeping and 
elementary accounting, which will be dealt with only by way of 

The course will deal with single proprietorship and partnership 
accounts; corporation accounts; special points connected with the issu- 
ing of capital stock, bonds and other securities, treatment of bond 
discounts, commissions and expenses, operation of sinking funds, dec- 
laration and payment of dividends and the preparation of financial 
statements and statements of profits and Income. In this latter con- 
nection, particular attention will be given to the distinction between 


capital and maintenance expenditures, realization, liquidation, receiv- 
ers, executors and other accounts and three lectures will be devoted to 
a discussion of "Cost" accounts. 

Auditing in its various phases will be thoroughly discussed, and 
in addition the theory of accounts will be taken up. 

This course is intended to give the business man a knowledge of 
accounting such as will enable him to check up on the financial and 
current operation of his own affairs. It also provides the training 
prerequisite to enrollment in the advanced accounting course. 

One of the principal features of the course will be the "home" 
study work, and the students will be required to work out a large 
number of problems in practical accounting and in the theory of 
accounts and auditing, which will be marked and returned after a 
discussion in the class. 

Public Service Corporation Accounting Mr. Andersen 

Not to be given in 1911-12 

The purpose of this course is to describe the application of Account- 
ing principles to Public Service Corporations, i. e., steam railroad, 
telephone, telegraph, street railway, gas, water and electric light 
businesses. The special features to be dealt with are: Plant costs 
(including treatment of interest, discount and commission on securi- 
ties and the valuation of franchises), maintenance expenditures; 
depreciation of properties; control over income and expenditure; 
analysis of costs for determination of rates; preparation of financial 
statements and compilation of statistical data. 

The classifications of accounts prescribed by the Interstate Com- 
merce Commission as regards railroads, and the Wisconsin, New 
York and other state commissions, as regards public utilities in 
general, are thoroughly analyzed and discussed. In addition, reports 
submitted by accounting experts in the investigation of steam rail- 
road, telephone, telegraph, street railway, gas, water and electric 
light properties are also taken up. 

This course is open only to students who are thoroughly grounded 
In general accounting and desire to specialize in public service corpo- 
ration accounting or understand the application of accounting principles 
to such businesses. 

Accounting, Advanced — Wednesdays Professor Walton 

This course will treat of bookkeeping and accounting methods 
only so far as is necessary to show why certain ones are to be rec- 
ommended in order that true facts and conditions may be exhibited 
in the accounts. The principal feature will be a discussion of the 
real nature of various kinds of assets and liabilities, the principles 
of debit and credit, of depreciation, of reserve accounts and funds, 
of dividends and the sources from which they can be paid. This 
involves a consideration of the nature of real profits, of good will 


and Its treatment in accounts, and in general of all the condi- 
tions that are found in individual proprietorships, partnerships or 
incorporated companies, with an indication of their proper treatment 
and a clear understanding of the scientific reason therefor. A portion 
of the lectures will be devoted to the consideration of the principles 
of stock and bond brokerage, fire and life insurance, consignments, 
adventures, breweries, clubs, building and loan associations, con- 
tractors, banks, public service corporations, and mergers and consoli- 
dations. Questions pertinent to each topic, taken generally from the 
Illinois C. P. A. examinations, accompany the lectures. The students 
are expected to answer these questions in writing. After the prin- 
ciples involved have been brought out by class discussion, in which 
all students are encouraged to participate, their answers will be 
returned to them corrected, together with the answers of the 
instructor. A syllabus of each lecture is also furnished. The key- 
note of the course is "why," and no answer is considered adequate 
unless a competent reason is given for it, even if the answer is correct. 
To accustom the students to working under the pressure of the time 
limit imposed in the C. P. A. examinations, they are requested to 
note on each practical accounting problem the time consumed in its 
solution. The course is intended to furnish students with such a 
knowledge of the fundamental principles of accounting as will pre- 
pare them for the C. P. A. examinations. 



The Commercial Law courses are designed for the purpose of 
providing the student with a knowledge of those principles of the 
law which have special reference and application to business afiFairs. 
If one does faithfully the work prescribed in these courses, his 
efficiency as a factor in commercial life should be materially increased. 

These courses include all the subjects required for the examina- 
tion to become a Certified Public Accountant. 

Interesting cases from the Law Reports are made copious use of 
as illustrations of the abstract principles. 

The classes in Commercial Law I have become so large that work 
is now offered in two divisions. 
Commercial Law I — Tuesdays and Wednesdays Professor Bays 

(a) Contracts. The theory of contract; the kinds of contracts; 
the essential elements ; what contracts must be in writing and signed ; 
the capacity of parties; contracts by minors; the sealed contract; the 
necessity of consideration m simple contracts; what constitutes con- 
sideration ; offer and acceptance ; illegality of purpose ; what contracts 
illegal or against public policy; construction and operation of contracts; 
discharge, performance and other modes of discharging contracts; 
remedies for breach ; damages. 


(b) Negotiable Instruments, Meaning of negotiability; what 
instruments are negotiable; the requisites of negotiability; rights of 
purchasers of negotiable paper; under what conditions one becomes a 
holder in due course ; what defenses available or not available against 
him; acceptance of bills; rights and liabilities of parties; steps neces- 
sary to fix liability; how taken; discharge of negotiable instruments. 

(c) Agency. The contract of the agent; his authority; his lia- 
bility; the rights of third persons against him and his principal; 
ratification by principal of agent's acts; duties of agents; powers of 
agents in various business situations. 

(d) Bailments. The nature and classification of bailments; 
respective rights and duties of bailor and bailee ; lien of bailee. 

(e) Sales of Personal Property. Nature of sale; sale distin- 
guished from other transactions; what may be subject of a sale; 
warranties, express and implied; transfer of title; rights of third 
persons, remedies. 

(f) Partnerships. Kinds of partnerships and partners; firm 
name, capital and property ; rights of partners ; powers of partners to 
bind firm; right of third persons against firm and members thereof; 
dissolution of firm. 

Commercial Law II — Fridays Professor Bays 

(a) Real Estate Law. Different kinds of property; capacity 
of parties to contract in respect to real estate; contracts for sale of 
real estate ; deeds ; mortgages ; landlord and tenant ; real estate brokers. 

(b) Trademarks and Unfair Competition in Trade. What may 
constitute a trademark ; infringement ; what appropriation of another's 
style of packing, labeling, etc., forbidden; rights to use geographical 
names, use of one's own name ; rights to prevent use of trade secrets ; 
inducing breach of contract, etc. 

(c) Debtor and Creditor. General and judgment creditors; 
attaching creditors; secured and unsecured creditors; chattel mort- 
gages; exemptions of debtor; waiver thereof; assignments for benefit 
of creditors; compositions; properly subject to execudon; creditor's 
bills; garnishee process, etc. 

(d) Bankruptcy. Laws of the States and the United States; 
who may be bankrupt; voluntary and involuntary bankruptcy; the 
officers who administer the estate; their titles, rights and powers; 
administration; dividends; duties and privileges of bankrupts; dis- 
charge; what debts not discharged; when discharge refused. 

(e) Insurance. Legal aspect of business; insurable interest; 
consideration of various provisions of standard policy; violation of 
conditions, estoppel and waiver. 

(f) Suretyship. Nature of the surety's undertaking; rights of 
co-sureties; rights of sureties against the principal; indemnity bonds 
and surety companies. 


(g) Corporations for Profit. Kinds; theory of; charter; by- 
laws; capital stock; property; rights and duties of stockholders and 
directors; rights of creditors; ultra vires acts; consolidation of cor- 
porations; monopolies and trusts; winding up and dissolution of 



Finance — Thursdays Professor Howard 

This course aims to give the student an acquaintance with the 
elementary principles and practices of finance, especialy as they con- 
cern the ordinary business man. A study is made of the causes which 
bring about the regular swings of prices and periods of alternate pros- 
perity and depression. The student is expected to gain sufficient 
knowledge of credit and banking to enable him to avoid the common- 
est errors in managing the financing of ordinary business. Students 
may enter the course for the whole year or for either semester. 

First Semester: — 

(a) The Economics of Finance. The place of Finance In our 
economic system ; the financial principles arising from division of labor, 
private property, organization of industry, exchange, etc. 

(b) The Basis of Values. The underlying principles of value; 
capital and Income, forms of capital Investment — stocks and bonds 
and their value. 

(c) Money. The principles of money, a description of our 
monetary system, compared with that of other countries. The Green- 
back movement of the 70's, the Free Silver movement, the Gold 
Standard. Demand and supply of gold. Legal tender. 

Second Semester: — 

(a) Banking. The function of banks, the development of bank- 
ing, foreign banking systems, the Bank of England. 

Deposits and bank notes; elastic currency; the Canadian system; 
pending currency legislation. 

The National Bank Act; state banking laws. The money mar- 
ket, call loans, rate of Interest, the relation between the New York 
banks and Wall Street, the U. S. Treasury and Wall Street. The 
principles of foreign exchange. 

(b) Credit. Loans and the granting of bank credit. The 
credit man In the bank. The business of dealing In commercial 
paper. The principles of credit; collateral, the personal equation. 

(c) Panics and Financial Crises. The great panics of 1837, 
1857, 1873, 1893. The Wall Street panics of 1901 and 1903. The 
panic of 1907. The nature and causes of panics. Plans for the 
mitigation of panics. 


Corporation Finance and Investments — Thursdays 

Professor Wildman 

This course covers the nature of the corporation; methods of 
organization and promotion, and the functions and power of the 
various officers. 

Special attention will be given to the corporation law of Illinois 
and a comparison of the advantages offered by the laws of other 
states. The methods of regulating corporations in the several states 
and by the Federal Government will also be studied, together with 
some of the most important court decisions in the prosecution of 

Chief emphasis is laid upon the problems of capitalization, the issue 
and sale of securities, and the proper management of capital funds 
and earnings. This is followed by a study of receiverships and reor- 

The causes of failure will also be studied with the purpose of dis- 
covering the factors w^hich insure safety in corporation management. 

The latter part of the course is more particularly devoted in the 
consideration of corporation problems. This work will cover the 
organization and manageemnt of stock exchanges, underwriting and 
brokerage, speculation and market movements. Babson's reports on 
fundamental conditions and Gibson's market letters have been used. 

Particular attention will be given to the stocks and bonds of rail- 
ways, public service companies, municipalities and miscellaneous forms 
of incestment. The examination and interpretation of balance sheets 
and income accounts from the point of view of the investor will also 
be covered. 



Practical Economics — ^Wednesdays Professor Wildman 

The aim of this course will be to give students an appreciation of 
the principles underlying the business activities of the communit>% 
and to enable them to apply sound economic reasoning to the prac- 
tical affairs of business life. The first part of the course will be 
concerned largely with establishing, through discussion and illus- 
tration drawn from concrete experience, the principles upon which 
values are based. 

The greater part of the course will be devoted to the application 
of the principles of value as determining the production, exchange 
and distribution of wealth. This work will involve the discussioti 
of many practical business problems such as the determination of 
wages, profits and interest rates, money and credit, taxation, trade 
unions and transportation rates. 


Briefly, the course will cover the nature and history of our indus- 
trial and commercial system with frequent references to those of other 

Business Organization and Management — Thursdays. .Dr. Swanson 
The object of this course will be to study the principles involved 
in business organization and management. The field covered will 
include manufacturing, wholesale and retail establishments. Some 
attention will be given to the initial organization of a business; the 
forms of organization that are best adapted to the nature and size of 
the business under consideration, and the factors to be considered in 
the localization and establishment of a business. The study of busi- 
ness management will include the organization of such departments as 
Order, Purchase, Sales, Credit, Collections and the relation of these 
to the executive ; the method used in the administration of these depart- 
ments, and the policies pursued in order to secure cooperation. In 
the study of departmental divisions of manufacturing and mercantile 
establishments, within and outside of the office, the devices employed 
for determining the comparative efficiency and profitableness of these 
divisions will be presented. 

The course will be based largely on investigations of the methods 
employed in business establishments in Chicago. Whenever it is 
feasible, experienced business men will be invited to lecture on special 
topics covered by the course. The systems and methods presented will 
be discussed and criticised so as to bring out the principles involved. 

Selling Policies and Methods — Mondays Dr. Swanson 

Assisted by special lecturers. 

First Half- Year. See Psychology of Business. 

This course will concern itself with the examination of successful 
sales policies and a critical analysis of selling methods for different 
classes of goods. It will consist largely of special lectures by adver- 
tisers and men connected with the selling departments of typical 
business establishments. 

Students may enter this course at any time, but credit will be 
given only for completion of a full semester's work. The course, 
together with the course in Psychology of Business, will constitute a 
complete and unified year's work, but either course may be taken 

Psychology of Business, Advertising and Salesmanship — Mondays. . 

Professor Scott 

Second Half- Year. See Selling Policies and Methods. 
This course will provide for a thorough and comprehensive 
study of the human and personal elements in business. Emphasis 
will be placed upon the established laws of psychology which have 
the most direct application to business. 


An attempt will be made to analyze and understand the minds 
of prospective customers, and to arrive at the most effective method 
of dealing with them. Psychological principles of efficient organiza- 
tion. Esprit de corps. Laws for increasing human efficiency, 
whether in oneself or in employees. Principles involved in the re- 
lation of employer and employed; in the relation of a business estab- 
lishment to the public. Development and analysis of goodwill. 

Advertising and salesmanship will be studied as a single branch 
of business organization. Advertising as resting on the fundamental 
principles of exchange and mutual service. With these principles 
as a keynote, advertising will be treated as a form of salesmanship, 
and practical selling will be contrasted with advertising methods. 

In this part of the course the principles of business psychology 
will be applied to advertising problems. The mechanical and artistic 
elements in advertising. Publicity departments in various establish- 
ments. Throughout the course principles will be tested by application 
to actual business experience. 

Resources and Foreign Trade of the United States — Tuesdays. . . . 
Professor Tower 

The course aims to equip the student with a comprehensive under- 
standing of the resources upon which the industries of this country 
are based. Comparison is made between these resources and those 
of foreign countries with which the United States sustains trade rela- 
tions. Critical study will be given to the methods and processes by 
which various sorts of resources have been developed, paying atten- 
tion to proposals for the restoration, conservation and more econom- 
ical utilization of all of the resources of the country. Especial em- 
phasis will be given to the agricultural and mineral resources of the 
Mississippi Valley, upon which the present and future greatness of 
Chicago as a business center depends. Study will also be made of 
the distribution of population in its relation to resources and to the 
development of industries and markets. Maps, charts, photographs 
and other illustrations showing the processes and the importance of 
particular industries, will be freely used. In addition, men who are 
in a position to speak with authority upon different lines of trade will 
give special lectures before the class. 

This course will be open to students who enter for the second 
semester as well as those who are enrolled for the year. 

Transportation Problems — Fridays Mr. Kerr 

This is a general course dealing with important problems of eco- 
nomics and law relating to transportation services in the United 
States. The growth and important characteristics of the American 
railway system; the organization of a railroad company; railroad 
statistics; analysis of operating costs; accounting classifications pre- 
scribed by the Interstate Commerce Commission; the freight and 


passenger traffic departments; essential characteristics of rate struc- 
tures; conditions leading to government regulations; the effect of 
unrestrained competition; unjust discrimination between individuals, 
localities and communities; the railroad problem; early legislative 
experiences; the act to regulate commerce; pooling; long and short 
haul section; influence of the Commission on commerce; discussion of 
present railroad problems. The course will be conducted by lectures 
and recitations based largely upon text books. 

Economic Problems — Mondays Professor Deibler 

Industrial conditions arising out of concentration of industry. 
Economic progress of the last century ; the development of resources ; 
improved methods of production. Development of Industrial classes. 
Business as affected by the consuming capacity of the population ; com- 
parison of the consuming capacity of American with foreign popula- 
tions. The labor problem in different parts of the world ; the develop- 
ment of trade unions; present status of unionism; influence of unions 
in business organization; different policies toward unions. Consoli- 
dations of capital; effects of consolidation on businesL organization. 
Discussion of present economic conditions in business. 

Public Relations of Business — Fridays 

Professor Hotchkiss and Dr. Swanson 

Work in this field will involve a consideration of the way in 
which business comes in contact with the community and the govern- 
ment. The relations of a large business concern to the city, the state, 
the nation. The business man as citizen. Civic functions of com- 
mercial bodies, such as associations of commerce, commercial clubs, 
boards of trade, etc. 

The government as a regulator of business ; regulation of the hold- 
ing and transmission of property; factory litigation; regulation of 
dangerous and offensive trades; regulation of trafHc in streets, of use 
of sidewalks, alleys, etc.; regulation of corporate organization, of 
money and finance, of commerce; regulation of public service indus- 
tries such as railways, street railways, gas and electric-light companies, 
telephone and telegraph companies, water and power companies. 
Effect of public service Industries on the business conditions of a 
town or city. Influence of public regulations on production; regula- 
tion from the point of view of the consumer. Critical discussion of 
the object, efficiency, and general policy of public regulation. 


Given only on sufficient registration 
This course is designed to meet the needs of those who desire a 
broader and more intelligent view of the business of insurance as a 
whole, but the separate branches will be treated in sufficient detail to 


enable the student to understand the fundamental principles of the 
subject. The first part of the course is expected to appeal especially 
to salsmen and offiec employees conncted with life and casualty in- 
surance companies. 

The first semester's work will be devoted to life and casualty in- 
surance. Among the subjects treated will be : The principles of inter- 
est and discount ; the various tables of mortality with special reference 
to the American Experience Table of Mortality; net and office 
premiums; level premium reserves; as much of the theory of prelimi- 
nary term reserves and the various modifications as will enable the 
student to understand their meaning ; general policy provisions ; distri- 
bution of surplus as dividends; cash, loan, paid-up insurance values; 
modes of settlement under a policy. Throughout the course emphasis 
will be laid on the advantages and disadvantages of the different 
kinds of policies, and the fitness of certain types of policies to meet 
the needs of different classes of policyholders. 

The work of the second semester will be devoted to property 
insurances. Its object will be to treat the subject of fire insurance 
in such a way as to bring out its fundamental principles and its rela- 
tion to other branches of business. The lectures will be adapted to 
the needs of men already in the insurance business, and also to give 
to men engaged in other business a clear understanding of the nature 
of insurance contracts and the exten to which fire insurance enters 
into the affairs of every business man. 


English I — Tuesdays Dr. Smart 

This course gives a review of the essential elements of grammar 
and composition. Its primary object is to assist students to make up 
deficiencies in their fundamental language equipment and to lay 
foundation for further developing the power of written and oral 
expression. For all except those who have secured similar prepara- 
tion elsewhere the course should precede English II. 

English II — Wednesdays Dr. Smart 

This course is a continuation of English I, but may be taken 
by anyone who has the required preparation. The first part of the 
course is devoted to the study of advanced sentence structure, para- 
graphing, and organization of material, supplemented by practice in 
the writing of themes. The purpose of this work is to train the 
student in the accurate and effective expression of ideas. Later in 
the course, the time is given up entirely to practical business corre- 


Students may enter these courses for the entire year, or for either 

Commercial Spanish — ^Thursdays Mr. Van Schaick 

The growing importance of our commercial interests in countries 
where Spanish is spoken, due to our insular possessions and the rela- 
tions of the United States with the South American Republics, makes 
a knowledge of Spanish indispensable to many lines of business activ- 
ity. The work in Spanish will begin with a thorough training \n 
pronunciation and conversation. Appropriate stress will be laid on 
the technical vocabulary of trade, and on Spanish forms of commercial 
correspondence. Thorough drill in grammar and in the use of correct 
and idiomatic expression will be an important feature of the work. 

Cominercial French — Tuesdays Mr. Van Schaick 

The fact that French is the official language of many European 
countries and is used in many other parts of the world where our 
foreign commerce is assuming increasing importance makes a knowl- 
edge of French indispensable in many branches of foreign trade. The 
main feature of the work in French will be a thorough drill in 
French grammar and idioms. The course is intended for those who 
desire a practical knowledge of modern French for business purposes. 

Commercial German 

Given only on sufficient registration. Hours to be arranged. 

The unparalleled expansion, during the last half century, of 
German commerce and its entry into all the markets of the world, 
make a knowledge of the German language a condition of successful 
competition in many lines of foreign trade. The work in German 
will be so arranged that fluency in the correct use of the spoken 
language may be supplemented by training in written correspondence 
involving a knowledge of German business forms and usages. To 
this end frequent exercises in conversation and in grammatical forms 
will be accompanied by practice and criticism in commercial corre- 


The connection of the school of commerce with other departments 
of the University and its proximity to neighboring institutions will 
often enable it to offer additional courses for which there is sufficient 
demand. Numerous subjects, not included necessarily within the 
scope of a general course in commerce, may be indispensable for cer- 
tain lines of business activity. The following are some of the courses 
for which arrangements may be made in case there Is sufficient reg- 


Industrial Chemistry Industrial Engineering 

Economic Geology 

It is probable that a number of students in the last year of their 
course will desire elementary work in one or more scientific subjects 
intimately connected with certain lines of industrial activity. The 
laboratories located in the upper stories of the Northwestern Univer- 
sity building, in use during the day by the schools of pharmacy and 
dentistry, will make it entirely practicable to meet demands of 
this kind. 

Application for Additional Courses 

Students desiring to pursue w^ork of a university grade not an- 
nounced in this bulletin should make application at the office, 
Room 412, early in the year. This vdW facilitate an advance esti- 
mate of the demand and may make possible provision for work which 
otherwise could not be arranged. As soon as practicable, applicants 
will be advised whether the establishment of the desired courses 
appears feasible. 

Admission Requirements 

The criterion for admission to the Diploma Course, and to in- 
dividual courses, will be the ability to pursue the work with profit. 
The University recognizes that many young men who have not 
completed a high-school course are superior in mental power to less 
experienced men with better scholastic opportunities. Every candi- 
date for admission is asked to submit a detailed statement of his 
training and business experience, and only those who give evidence 
that they can carry the w^ork successfully will be registered. 

Applicants for admission to the School must be at least eighteen 
years of age; those under twenty-one must have had four years of 
high school work. 


The trustees of Northwestern University, on recommendation 
of the faculty of the School of Commerce, will grant a diploma to 
students who have satisfactorily completed an approved course of 
study normally requiring four evenings a week throughout three 
school years. For the convenience of those whose other duties will 
not permit them to carry four subjects a week, a four-year course 
of three evenings a week is recommended. 

24 northwestern university 

Required Work for Graduation 

All candidates for a diploma or a degree in the School of Com- 
merce must complete one year's work in the following subjects: 
Accounting, Commercial Law, Economics and Finance. In addi- 
tion, one course to be designated by the faculty may be required of 
students in the last year of their work. The remaining subjects 
of the diploma course are optional. 

Methods of Instruction 

Instruction Is adapted to the nature of the subject under con- 
sideration. In the Commercial Law courses the case system is used. 
Wherever feasible, analogous methods are employed in other courses. 
In connection with lectures by the Instructor, emphasis Is laid on 
independent work and class discussion by the students. Text-books 
in many of the courses are replaced by mimeograph copies of lectures 
and other class exercises. Reference Is made, wherever practicable, 
to books and articles In which subjects taken up in the class are 
further discussed. It Is expected that students will note for further 
study Important points covered In the work of the class. The object 
of instruction at all times will be to assist the student to derive 
from his reading, from the class exercises and from his own experi- 
ence, fundamental principles capable of concrete application in busi- 

SPECIAL lectures 

Regular Instruction In the several courses will provide for fre- 
quent lectures by men who, from their experience, are in a position 
to speak authoritatively upon the subjects under discussion. In addi- 
tion to this, men prominent in the business and professional life of 
the community will, from time to time, give general lectures to all 
the students of the School. 


The students In the diploma course will find that their regular 
business activities offer most valuable opportunity for making prac- 
tical applications of principles brought out in the course of their 

In the degree course, provision will be made by which students, 
at least In the last year of their course, may accompany their regular 
class instruction with apprenticeship in the business in which they 
later Intend to make their careers. 

Credit in Other Departments of the University 

Upon fulfillment of entrance requirements and payment of ma- 
triculation fee, students in the School of Commerce may be entered 
as candidates for degrees In other departments. Upon vote of the 


faculty of another School of the University, work in the School of 
Commerce along lines covered by the curriculum of the other School 
concerned may be credited toward fulfilling the requirements for a 
degree in that School. 

Students from other departments entering the School of Com- 
merce will be required to present a properly certified statement of 
their standing in the school from which they came. 

Day Work 

It is not proposed to confine the work in commerce to students 
in evening courses. A large proportion of the subjects which should 
come within the scope of a day course in commerce are now offered 
at Evanston, as a regular part of the curriculum in the College of 
Liberal Arts (see University Catalogue, pp. 84-86). It is expected 
that these courses will be supplemented by other courses at Evanston, 
while provision for the Degree in Business Administration, elsewhere 
described, will give students preparing for a business career an oppor- 
tunity to pursue their professional study in Chicago, where day, as 
well as evening, courses will be given. The combined course in 
Evanston and Chicago will offer a maximum opportunity for cul- 
tural development directed to practical ends. 


Persons of suitable age and business experience, who are not in 
position to register for the complete diploma course, may take any 
single subject for which they are prepared. Should the student later 
decide to complete the full course, subjects so taken will be duly 


At the end of each semester the standing of a student in each 
of his courses is reported by the instructor to the Secretary and Is 
entered of record. Students who do not take the regular examination 
in any subject at the close of the semester are reported absent and 
credit for that subject can only be obtained by passing a second ex- 
amination at such time as may meet the convenience of the instructor. 
At the end of the academic year a certificate of credit for work 
completed, containing a statement of the grades attained In each 
subject, will be sent to the student by the Secretary. Employers 
also will be kept informed of the progress of their employes, if this 
is desired. 

Degree in Business Administration 

In providing for the degree now under consideration, it will be 
assumed that in addition to completing all entrance requirements, 
two full academic years are to be devoted exclusively to the work 
of the course. 

26 northwestern university 

Combined Course in the School of Commerce and the 
College of Liberal Arts 

When the degree is estabh'shed It is contemplated that students 
in the College of Liberal Arts will be permitted, by combining their 
college course with the course in the School of Commerce, to shorten 
by one year the aggregate time required for the two degrees. 

Civil Service Examinations 
The different offices of the national and municipal governments 
thrown open by the civil service laws offer a field of opportunity 
for those who are prepared to pass the examinations. A number 
of courses in the School of Commerce furnish the general prepar- 
ation necessary to this end, notably the courses In accounting and 
economics. The more specialized courses, such as those In finance 
and transportation, offer a preparation directly applicable for positions 
under the Treasury Department, the Interstate Commerce Com- 
mission, and other branches of government service. 

Degree of Certified Public Accountant 

By act of the General Assembly passed May 15, 1903, provision 
is made for a state examination for the degree of Certified Public 
Accountant. For many years the Illinois Society of Certified Public 
Accountants contemplated founding a school in which should be given 
the accounting work necessary to prepare for this degree. One of the 
results of commercial development during the last generation has 
been the growth in importance of the accounting profession. A 
knowledge of accountancy Is becoming almost Indispensable to the 
successful conduct of every business. Business efficiency demands, 
moreover, that the professional accountant shall be a man of broad 
and fundamental training and of recognized professional standing, 
parallel to that of the lawyer and the physician. The close con- 
nection of the School of Commerce with the leading men of the 
profession enables it to set a high standard of professional training. 

High School Requirement for C. P. A. Degree 

The state law requires that applicants, to qualify for the examin- 
ation for the C. P. A. degree, must have a full high school education 
or its equivalent. The administration of the law is placed upon the 
University of Illinois, but the Northwestern University School of 
Commerce will co-operate in every possible way in providing the 
training necessary to its successful operation. 

Under its action of November 23, 1910, the University Board 
of Examiners of Public Accountants accepts certain courses in the 
School of Commerce In partial fulfillment of the high school re- 
quirement. The exact credit given to particular courses may be 
ascertained on application to the Secretary. 

school of commerce 27 


Tuition fees in the School of Commerce may be paid either in 
two installments, one at the beginning of each semester, or in ad- 
vance for the entire year. 

For full diploma course, four evenings of two hours each a week. 

Each semester $45.00 

In advance for the year 75-00 

For three subjects, three evenings a week. 

Each semester 35-00 

In advance for the year 60.OO 

For two subjects, two evenings a week. 

Each semester 25.00 

In advance for the year 45.00 

For one subject, one evening a week. 

Each semester 1 5.00 

In advance for the year 25.00 

Diploma Fee 10.00 

Tuition for the first semester and for the year is payable October 
9, 191 1, * for the second semester, February 12, 1912. 

Students who become candidates for a diploma or a degree will 
be required to pay, in addition to the diploma fee, the matriculation 
fee of five dollars at the beginning of the year in which the diploma 
is to be received. 


No TUITION is refunded by Northwestern University except 
upon certification by physician that serious illness has compelled 
the student to withdraw permanently from the School. Credit on 
tuition cannot be extended from one year to the next. 

Prizes and Scholarships 


A prize of one hundred dollars, the gift of Mr. Joseph Schaffner, 
is awarded annually to that student in the School of Commerce 
who has taken at least three courses throughout the year and whose 
work shows the best record for the year. 


A prize of one hundred dollars was established in June, 1909, 
by the Illinois Society of Certified Public Accountants, for the pur- 
pose of stimulating interest in those subjects which are indispensable 
to students intending to enter the profession of accountancy. It is 
awarded annually to that student in the School of Commerce who 


makes the best record for the year In the two courses of Intermediate 
Accounting and Commercial Law (either I or II). 

Scholarships for Employes 

During 19 10-19 ii, 539 students have been enrolled. They have 
come from the offices and salesrooms of Chicago firms, representing 
a wide range of activity, as is indicated by the list at the end of this 
bulletin. In a large number of cases they have taken the work 
at the suggestion of employers whose cordial interest and practical 
support afford the best evidence of the present usefulness and future 
growth of the School. 

The following business men and houses in the past year have 
given scholarships in the School of Commerce to employes. It is 
expected that an increasing number of employers will avail them- 
selves of this opportunity to encourage ambitious young men, and 
to show their appreciation of the qualities that make for efficiency 
and progress. 

George W. Sheldon 

Commonwealth Edison Company 

F. F. Judd & Company 

M. H. Cazier 

Homer A. Stillwell 

H. Scarborough 

J. F. Butler 

Northern Equipment Company. 

Bureau of Appointments 

Through this bureau, demands of the business community for 
trained men may be brought to the attention of students in the 
School of Commerce who are seeking to increase their efficiency 
and to rise to positions of greater responsibility. The efficacy of 
any efforts in behalf of students put forth by officers of the School 
will depend to a very large extent upon the co-operation of the stu- 
dents themselves. Information which may come to any student 
concerning positions to be filled should be brought promptly to the 
attention of the Bureau, together with such details as can be se- 
cured. Large business houses, In need of trained men, have fre- 
quently expressed a desire to secure graduates of the School. This 
Interest of business men promises to open a wide field of opportunity. 
Registration for employment should be made at the office of the 

OuT-OF-TowN Students 

The evening courses now being offered are primarily for the 
benefit of men who are regularly employed in business in Chicago. 
An Increasing number of students, however, are coming from a 


distance, some of them filling positions in Chicago during the day- 
time, while others devote their whole time to study. 

The officers of the School of Commerce will be pleased to com- 
municate with men from a distance w^ho desire to avail themselves 
of the opportunities of the School. It is not impossible that in some 
cases prospective students, through the agency of the Bureau of 
Appointments or otherwise, may secure positions in the city. Such an 
arrangement would add to the advantages of the School those of a 
broader business experience. 

Hours For Consultation and Registration 

The office of the School of Commerce, in Room 412, North- 
w^estern University Building, at the corner of Lake and Dearborn 
Streets, Chicago, will be open from 9 a. m. to 5 p. m.; during the 
school year, 9 a. m. to 7 p. m.^ daily; Saturdays from 9 to i. Be- 
tween September i and November i the office will be open on Sat- 
urday from 9 to 5. Consultation at other hours will be arranged 
upon request. 

Address all correspondence to Northwestern University 
School of Commerce, Lake and Dearborn Streets, Chicago. 



The Joseph Schaffner Prize^ for the highest scholarship in 
three or more courses : 

Alexander Wright Taylor Ogilvie 

The Illinois Society of Certified Public Accountants 
Prize : 

David Himmelblau 

The work of the following students, registered for three or more 
courses in the School of Commerce in 1910-1911 was marked by 
distinguished excellence : 

Vincent Balat>^ Joseph S. Kelly 

Alfred H. O. Erickson William H. Maddock 

Whitney B. Flershem George W. Nilsson 

Allastair Gillies Walter H. Price 

Christian E. Jarchow Marcus M. Redenbaugh 



Through the generosity of our friends among the business men of 
Chicago, it is possible to offer the students of the School of Commerce 
the facilities of a library equipped with all the more important texts 
and books of reference on the subjects covered in the work of the 
School. Rooms 417-419, occupied by the Library, are used in conjunc- 
tion with the School of Pharmacy and are open from nine o'clock in 
the morning until seven in the evening every day except Saturday. 
After five o'clock each day a librarian will be at the service of the 
students of the School of Commerce. 


Free tuition is given to two students for attendance in the library 
of the School of Commerce now opened. These scholarships will 
involve attendance in the library for two or three evenings in the 
week. They will be awarded, if possible, to students who have al- 
ready been registered in the School, on the basis of their previous 
work and the ability to undertake the limited amount of work 


During the past three years the students of the School of Com- 
merce, in a body known as the Student Organization, have been active 
in the promotion of fellowship among themselves. Through the 
newly-formed Board of Control, in charge of inter-department social 
and athletic interests, it is anticipated that all departments of the 
University will be brought into closer relation. Meetings of the 
Organization have provided opportunity for discussion of topics of 
general interest, smokers and various entertainments have been held, 
and the annual banquet given just previous to the close of school has 
proved an important and interesting feature of the year's activities. 
All students are urged to participate as far as possible in the social 
life of the school. 


MERCE FOR THE ^TAR 1910-1911 

Abrams, Richard E., Freight Claim Adjuster, Chicago, Milwaukee & 
St. Paul Railroad. 

Absalonsen, Alf, Bookkeeper, State Bank of Chicago. 

Albert, Lawrence J., Clerk, Marshall Field & Co., Wholesale. 

Albertson, Roy W., Sales Department, Benjamin Moore & Co., 401 
N. Green St. 

Allen, Homer F., Bookkeeper, Carter White Lead Co., 12042 Peoria 

AUinger, Charles E., Jr., Bookkeeper, Western Electric Co., Haw- 

Altemus, Clarence L., Assistant Cashier, Chicago Railways Co., 1165 
N. Clark St. 

Alter, Arthur S., Shipping Clerk, Alter Light Co., 407 N. Des- 
plaines St. 

Alter, Leo, Secretary and Treasurer, Perfect Glove Co., Inc., 161 1 
Emily St. 

Anctil, Joseph S., Assistant Bookkeeper, Foster Munger Co., West 
20th and Sangamon Sts. 

Andersen, Andrew J., Clerk, Washburn Crosby Co., 430 Postal 
Telegraph Bldg. 

Anderson, Arthur P., Bookkeeper, Jovce-Watkins Co., 134 S. La 
Salle St. 

Anderson, Charles G., Clerk, Merchants Loan and Trust Co., 112 
W. Adams St. 

Anderson, Edward W., Clerk, Quaker Oats Co., 1600 Railway Ex- 

Anderson, Elmer T., Cler!:, Florida Everglades Land Co., 1410 Re- 
public Bldg. 

Anderson, Ernest V., Accountant, Central Freight Association, 1060 
The Rookery. 

Anderson, Oscar A., Bookkeeper, Eldridge Coal Co., 203 S. Dear- 
born St. 

Anderson, Victor C, Bookkeeper, Western Trust and Savings Bank, 
The Rookery. 

Andree, Arthur P., Cashier, Peerless Light Co., 827 S. Loomis St. 

Andree, Henry P., Contracting Freight Agent, G. W. Sheldon & Co., 
617 Monadnock Blk. 

Ashman, Lewis E., Department Manager, Babson Brothers, 19th St. 
and California Ave. 

Auerbach, Samuel, Bookkeeper and Correspondent, Hirsch, Tisch & 
Co., 325 S. Market St. 

Bach, Robert A., Clerk, Chase Sc Sanborn, 76 E. Lake St. 

Bainer, John D., 508 S. Homan Ave. 


Baird, Bruce, Clerk, First National Bank. 

Baird, Warner G., Illinois Malleable Iron Co., 1801 Diversey Blvd. 

Balaty, Vincent, Bookkeeper, Hart, Schaffner & Marx. 

Baldwin, Frank L., Accountant, Chicago Telephone Co., 230 W. 

Washington St. 
Baldwin, Robert B., Jr., Ledger Man, Swift & Co., Union Stock 

Barclay, Arthur C, Bookkeeper, Marshall Field & Co., Retail. 
Barker, John L., Accountant, Price, Waterhouse & Co., 134 S. La 

Salle St. 
Barter, Leonard H., Bookkeeper, Importers and Manufacturers Co., 

105 S. Wabash Ave. 
Barthel, Jacob A., Cashier and Bookkeeper, International News- 
paper Premium Co., 141 W. Michigan St. 
Bauer, Adolph J., Clerk, Murphy Varnish Co., 42 W. 22nd St. 
Bauer, Albert W., Clerk, Murphy Varnish Co., 42 W. 22nd St. 
Beale, Robert L., College of Liberal Arts Student, Evanston. 
Beals, Edward E., Manager, The Progress Co., The Progress Bldg., 

Berteau and East Ravenwood Park. 
Beauvais, Auguste V., Brosseau & Co., 67 Board of Trade. 
Beck, Anton T., Clerk, Fidelity-Phenix Fire Insurance Co., 137 S. 

LaSalle St. 
Benzian, Richard, Advertising Manager, M. Philipsborn, 216 W. 

Adams St. 
Berg, John, Clerk, State Bank of Chicago. 
Berndtsson, Berndt, Clerk, Butler Brothers, Randolph Bridge. 
Bethge, Charles A., Advertisement Copy-Writer, Sears, Roebuck 

& Co. 
Bezazian, John B., Tobey Furniture Co., 33 N. Wabash Ave. 
Bixby, Edward R., Clerk, E. W. Stevens, 600 E. 49th St. 
Block, Fred F., Bookkeeper, Gerson Guthman, 1132 N. Ashland 

Block, Michael O., Accountant, Arthur Young & Co., 1355 Monad- 
nock Blk. 
Blodgett, Homer R., Bookkeeper, The Albert Dickinson Co., 360 W. 

Taylor St. 
Bockelman, Otto F., Clerk, Swift & Co. 

Boecklen, John P., Partner, Boecklen Brothers, 417 S. Dearborn St. 
Boehm, George F., Bookkeeper and Cashier, Stephen Bilek Co., 211 7 

S. Troy St. 
Bongard, John H., Assistant Manager, Dental Protective Supply Co., 

2231 Prairie Ave. 
Bonk, Joseph P., Jr., Clerk, Spaulding & Kerrick, 43rd and Colorado 

Bontemps, Charles W., Draughtsman, Commonwealth Edison Co., 

26 N. Market St. 


Bosley, Jacob H., Bookkeeper, Bay State Trading Co., Carroll Ave. 

and Robey St. 
Bouse, Charles J., Bookkeeper, Many Blanc & Co., 164 W. 

Kinzie St. 
Boyles, George R., Clerk, First National Bank. 
Brand, Henry C, Ledger Clerk, M. Philipsborn, 216 W. Adams St. 
Brandstater, Marie D., Student, 830 S. Michigan Ave. 
Brenner, John H., Auditor, Public Bookkeeping Co. 
Britt, Joseph P., Stenographer, Chicago and Alton Railroad Co., 

Railway Exchange. 
Brocker, Gustav H., Clerk, Gerstenberg k Co., 309 S. LaSalle St. 
Brown, Robert M., Clerk, A. B. Leach & Co., 8 S. Dearborn St. 
Browne, Roy L., Clerk, Chicago and North Western Railway Co. 
Bruebach, William J., Clerk, Merchants Loan and Trust Co. 
Buesing, Henry J., Clerk, Illinois Life Insurance Co., 105 W. Mon- 
roe St. 
Burlingame, Charles M., Accountant, Audit Company of New York, 

405 New York Life Bldg. 
Burns, George F., Office Man, Sharp & Dohme, 2 121 Randolph St. 
Burt, Edward R., Student, 6043 Woodlawn Ave. 
Butters, Charles W., Material Clerk, B. & O. C. T. R. R. Co., B. 

& O. Station. 
Byrnes, Edward D., Stationer, Crane Company, 1214 S. Canal St. 
Carey, Michael P., Adjusting Bureau, Marshall Field & Co., Retail. 
Carlson, Vera, Stenographer, Sturm, Mayer & Co., 301 West Van 

Buren St. 
Carpenter, George W., Bookkeeper, G. W. Sheldon & Co., 617 

Monadnock Blk. 
Casper, George H., Cashier, American Can Co., Maj^vood. 
Clafford, Herbert J., Accountant, American Steel Foundries, 72 W. 

Adams St. 
Clark, Edward E., Assistant Cashier, Commercial Life Insurance Co., 

950 First National Bank Bldg. 
Clark, E. Hicks, Secretarv, Beals, Clark & Ware, 435 Rand 

McNally Bldg. , 
Clay, John, 102 1 East 62nd St. 
Cleary, Gerald V., Real Estate, Cremin & O'Connor, 105 N. Clark 

Cliff, Arthur F., Bill Clerk, Chase & Sanborn, 76 E. Lake St. 
Clough, George J., Bond Salesman, A. E. Butler & Co., 116 S. 

LaSalle St. 
Collmann, F. A., Hathaway, Smith, Folds & Co., 137 S. LaSalle 

Colman, Amos E., Chief Clerk Ticket Accounts, C. I. & L. Railway, 

201 S. State St. 
Condon, James P., Bookkeeper, M. Philipsborn Co., 216 W. Adams 



Cooney, Lee W., Clerk, Credit Department, Marshall Field & Co., 

Copeland, Ira S., Salesman, The Warner Bros. Co., 367 W. Adams 

Cosola, Joseph D., Bank Clerk, Michele D. Cosola & Co., 573 Ewing 

Cossmann, George J., Salesman, Western Electric Co., 500 S. Clin- 
ton St. 

Cox, Walter C, Accountant, Gutmann & Co., 1511 Webster Ave. 

Cross, Otto, Bookkeeper, W. F. McLaughlin & Co., 96 S. Water 

Crunden, Allan B., Accountant, Chicago Telephone Co., 230 W. 
Washington St. 

Cummins, William H., Quinn Supply Co., 29 S. Western Ave. 

Curry, Harry J., Pearsons-Taft Land Credit Co., 105 S. LaSalle 

Cushman, Robert E., Credits, Old Colony Trust and Savings Bank. 

Custer, Albert S., Stenographer, President's Office, E. J. & E. Rail- 
way Co. 

Dahlstrom, Godfrey E., Buj^er, The Marsh & Bingham Companv, 
1105 Old Colony Bldg. 

Davidson, Edward B., Bookkeeper and Assistant Cashier, North- 
western University Business Office, Evanston. 

Davidson, John A., Jr., Real Estate, Crysler & Davidson, 206 S. 
LaSalle St. 

Davis, Jessie T., Assistant Bookkeeper, Goodrich Transit Co. 

Dawson, Hannah M., Stenographer, Joseph T. Ryerson & Son, i6th 
and Rockwell Sts. 

Dearborn, Henry B., Bookkeeper, Hornblower & Weeks, 125 W. 
Monroe St. 

DeLany, Clarence M., Accountant, Price, Waterhouse & Co., 13 10 
Corn Exchange Bank Bldg. 

Demske, Gustav R., Assistant Shipping Clerk, G. W. Sheldon & 
Co., 617 Monadnock Blk. 

Dennis, Frank, Rate Clerk, Pennsylvania Lines, 826 Commercial 
National Bank Bldg. 

DIplock, Thomas G., Clerk, Ernest Reckitt & Co., 802 Marquette 

DIttmer, Anthony J., Cost Clerk, John Sexton & Co., Lake and 
Franklin Sts. 

Dixon, Jules P., Accountant, Goodrich Transit Co. 

Dobin, Henry A., Bookkeeper, Safeguard Account Co., 29 S. La 
Salle St. 

Dodd, Oswald W., Bookkeeper, B. S. Adams, 620 Railway Ex- 

Dold, Harold T., Clerk, Price, Waterhouse & Co., Corn Exchange 
Bank Bldg. 


DonarskI, Frank A., Bookkeeper, Bryan-Marsh Co., 431 Dearborn 

Donnelly, Michael J., Accountant, Streets Western Stable Car Line. 
Dorman, Charles A., Clerk, Fidelit>^-Phenix Fire Insurance Co. 
Dowd, James E., General Office Man, E. Goldman & Co., 3900 

Union Ave. 
Dreibus, Otto J., Clerk, The Franklin Co., 530 S. Dearborn St. 
Dreiske, Charles H., Partner, Wm. D. Dreiske & Co., 814 N. Saw- 
yer Ave. 
Drummond, Harry E., Export Department, The Quaker Oats Co., 

1600 Railway Exchange. 
Duncan, Clinton E., Business Manager, Morgan Park Academy. 
Dunlap, Carl B., Clerk, Illinois Central Railroad. 
Dupke, Arnold C, Bookkeeper, Chicago Telephone Co. 
Dutcher, Horace, Stenographer, The Pullman Company. 
Earle, S. Edwin, Student, 975 E. 6oth St. 
Eastman, Erney H., Solicitor, John A. Wickum, 118 N. LaSalle 

Eddleman, Marvin R., Clerk, Postoffice. 
Eiszner, John A., Chicago Machine & Washer Co., 2625 W. 15th 

Elworth, Theodore F., Teller, Greenebaum Sons, Bankers, Ashland 

Engel, Frank L., Space Buyer, Leven-Nichols Advertising Co., 1203 

Majestic Bldg. 
Engelmann, Theodore G., Clerk, Swift & Co., Union Stock Yards. 
Engstrom, Emil O., Bond Salesman, Merrill, Cox & Co., 407 The 

Ensminger, David M., Factory Superintendent, Ripe Fruit Gum 

Co., 609 Fulton St. 
Erickson, Alfred H. O., Clerk, Norwegian Lutheran Deaconess 

Fainer, Emanuel, Clerk, Postoffice. 
Fathschild, Clifton W., Assistant Bookkeeper, Wolf, Sayer & Heller, 

Feeny, Irving I., 4210 Lake Ave. 
Ferdinandsen, Albert, Accountant, John Alex'r Cooper & Co., First 

National Bank Bldg. 
Feuxman, Samuel H., Bookkeeper and Cashier, Western Roofing & 

Supply Co. 
Finch, Merle E., Freight Clerk, United States Crushed Stone Co., 

108 S. LaSalle St. 
Finn, Richard J., 3652 Wallace St. 
Fitzgerald, Charles P., Accountant, By-Products Coke Corporation, 

1 121 Marquette Bldg. 
Fitzgibbon, Gerald A., 2954 Michigan Ave. 


Flaherty, John T., Bill Clerk, Rosenwald & Weil, Franklin and 
Market Sts. 

Flershem, Whitney B., Bookkeeper and Stenographer, Wedeles 
Bros., 178 W.Lake St. 

Foerster, Paul, Jr., Teller, Metropolitan Trust and Savings Bank. 

Ford, William S., Chief Chemist, American Maize Products Co. 

Forsberg, William R., Clerk, Commercial National Bank. 

Forshee, Charles A., Auditor, Western Life Indemnity Co., 604. 
Masonic Temple. 

Forst, William C, Custom House Broker, G. W. Sheldon Co., 617 
Monadnock Blk. 

Foster, Henry S., Clerk, The Millers' Products Co. 

Fraser, Ernest C, Salesman, A. W. Harris Oil Co., 143 N. Wabash 

Frechette, Charles J., Cost Clerk, Meihle Printing Press & Mnfg. 

Frederickson, John S., Cashier, New York Life Insurance Co. 

Friedman, Isaac S., Bookkeeper, The Franklin Co., 530 S. Dear- 
born St. 

Friez, Ralph L., Accountant, Walton, Joplin, Langer & Co., Peoples 
Gas Bldg. 

Frye, Nels, Bookkeeper, Butler Bros., Randolph St. Bridge. 

Furse, David S., Chief Clerk, R. A. Napier k Co., 29 S. LaSalle St. 

Furse, John R., Clerk, Western Electric Co., Hawthorne. 

Gaensslen, Carl A., Draftsman, Scherzer Rolling Lift Bridge Co., 
1 61 6 Monadnock Bldg. 

Garvey, Hoy T., Bookkeeper, Walden W. Shaw Livery Co., 1000 
S. Wabash Ave. 

Gaul, Charles E., Bookkeeper, Sterne & Klein, 215 S. Market St. 

Geiss, William H., Accountant, E. J. E. Ward, Peoples Gas Build- 

Giffey, Max, Mechanical Engineer, Link Belt Co. 

Gifford, David H., Clerk, Swift & Co. 

Gilby, Joseph H., Accountant, American Steel Foundries. 

Gillies, AUastair, Clerk, International Harvester Co. 

Glantz, Adolph H., Bookkeeper and Cashier, Mantle Lamp Co. 
of America, 170 N. Halsted St. 

Glass, Alvin M., Bookkeeper and Correspondent, Jerrems, Inc., 25 E. 
Jackson Blvd. 

Gleason, Miss Anna, Private Secretary, J. L. Kesner, 702 Majestic 

Glore, Charles F., A. B. Leach & Co., 8 S. Dearborn St. 

Goldstein, Meyer W., Schedule Clerk, Commonwealth Edison Co., 
120 W. Adams St. 

Goodnow, Philip S., Clerk, Marshall Field k Co., Wholesale. 

Goodnow, Walter S., Sales Promoter, Marshall Field k Co., Whole- 


Goold, Charles R., 2216 Prairie Ave. 

Gordon, Harr}-, Bookkeeper and Cashier, The Athletic Shoe Co., Inc. 

Gray, Philip F., Junior Accountant, Walton, Joplin, Langer Sc Co., 

Peoples Gas Bldg. 
Green, Anna E., Stenographer and Bookkeeper, Nathan F. Leopold, 

40 N. Dearborn St. 
Greenwood, Robert C, 4246 Kenmore Ave. 
Gregg, John H., Bookkeeper, Chicago k North Western Ry. Co., 

226 W. Jackson Blvd. 
Griffith, Llewellyn, Accountant, Riverside Publishing Co., 140 S. 

Dearborn St. 
Grobe, Herbert F., Secretary to Comptroller, Chicago k North 

Western Ry. Co. 
Grosser, Rosine H., 4733 N. Paulina St. 

GuUans, John, Accountant, Chicago, Milwaukee k St. Paul Ry. 
Gunn, Alexander H., Assistant to ^Manager, Green Engineering 

Co., 1300 Steger Bldg. 
Gunther, Samuel L., Accountant, Spiegel, May, Stern Co., Morgan 

and 35th Sts. 
Gustavson, J. Walter, Clerk, Ayer k Lord Tie Co., 1515 Railway 

Hacha, Victor H., Bookkeeper, South Side Lumber Co., 2259 S. 

Ashland Ave. 
Hack, Louis G., Bookkeeper, Woodford Distilling Co., 127 N. Dear- 
born St. 
Hafner, John A., Bookkeeper, Sulzberger k Sons Co., 1257 Oakdale 

Hagan, James J.. Comm.ercial Chemical Co., 537 S. Dearborn St. 
Hagen, Walter, Stenographer, John ]\Iohr k Sons, 349 W^est Illi- 
nois St. 
Hale, Sanborn, Commission Clerk, W. D. Allen Mfg. Co., 133 W. 

Lake St. 
Hall, George L., Cashier, The Cable Company, 301 S. Wabash Ave. 
Hall, John L., Statlstican, Chicago, Burlington k Quincy Railroad. 
Hall, John S., Atchison, Topeka & Santa Fe Ry. Co. 
Haller, Max J., Bookkeeper, Chicaeo Rubber Co., 218 W. Madi<:on 

Hamann, William, Clerk, New York Central Lines, 529 LaSalle 

St. Station. 
Hamilton, Alrik B., Clerk, W. K. Cowan k Co., 460 E. Ohio St. 
Hansen, Louis, Bookkeeper, Morrisson Plummer k Co., 310 W. 

Washington St. 
Hanson, Walter C, Bill Clerk, P. C. C. k St. L. Ry. 
Harden, Thomas H., Bookkeeper, Rothschild & Co. 
Hargrave, Albion F., Head Bookkeeper, U. S. Crushed Stone Co., 

108 S. LaSalle St. 
Hargrave, Charles M., Cost Clerk, Crane Company. 


Harnblom, William C, Correspondent, J. W. Butler Paper Co. 
Harris, Henry, Bookkeeper, Marshall Field & Co., Retail. 
Hartwig, Hermann A., Ledger Clerk, A. C. McClurg & Co., 330 E. 

Ohio St. 
Hauber, Frank J., Bookkeeper, W. M. Hoyt Co., Twenty-second 

Hausser, Arthur H. M., Dispatcher, Postoffice. 
Haynes, Pierre E., Acetylene Inspector, Department of Electricity, 

City of Chicago. 
Heinrichs, William F., Bookkeeper, The Cable Company, 301 S. 

Wabash Ave. 
Held, Harold W., Clerk, Merchants Loan and Trust Company. 
Heller, Sol, Bookkeeper, Hart, Schaffner & Marx. 
Herbert, Alfred C, Estimator, Tyler & Hippach, 366 W. Ohio 

Herron, Murray, Accountant, Arthur Young & Co., 13 15 Monad- 
nock Blk. 
Hickey, Thomas J., Stenographer, Hornblower & Weeks, 125 W. 

Monroe St. 
Hicks, Bert S., Bookkeeper, Hart, Schaffner & Marx. 
Hill, Fred W., Salesman, 204 E. Ontario St. 
Hillier, Edward W., James O. Heyworth, 606 S. Michigan Ave. 
Himmelblau, David, Accountant, Audit Company of New York. 
Hirschfield, Arthur P., Accountant, Commonwealth Commercial 

Co., 821 The Rookery. 
Hodges, Hayden, American Radiator Co., 820 S. Michigan Ave. 
Hoffman, Abraham B., OfHce Clerk, Western Foundry Co., 3634 S. 

Kedzie Ave. 
Hoffman, Edward A., Hoffman-Vallin Co., 2946 Sheffield Ave. 
Hoffman, William H., Assistant Cashier, Acrmotor Co., 12th and 

Rockwell Sts. 
Hogue, Clarence L, Asst. Gen. Supt., D. H. Burnham & Co., 141 7 

Railway Exchange. 
Hohn, Otto F. H., Accountant, 17 14 Granville Ave. 
Hollywood, John F., OfHce manager, Woolner & Co., 505 Mar- 
quette Bldg. 
Holm, Kirol R., Student, Bartlesville, Okla. 

Hopper, Rennie, Bookkeeper, Central Electric Co., 320 S. Fifth Ave. 
Horn, Walter J., Bookkeeper, A. G. Spalding & Bros. 
Horney, George E., Accountant, Ernest Reckitt & Co., Marquette 

Horwich, Arthur N., Office Manager, Horwich-Vitkin Co., 2455 

Archer Ave. 
Hostler, Sidney M., Cashier, North Shore Fireproof Storage Co., 

4820 Evanston Ave. 
Howland, David R., Roberts & Oake, Union Stock Yards. 
Howland, Robert P., Clerk, First National Bank. 


Hoyt, Earle R., Butler Bros., Randolph Street Bridge. 

Huebner, Charles, Clerk, Chicago Telephone Co. 

Hughes, Joseph H., Stenographer, 1404 McCormick Bldg. 

Hults, Robert L., Clerk, Friedman Manufacturing Co., Union 
Stock Yards. 

Hunter, Clyde H., Junior Accountant, Ernest Reckitt & Co., Mar- 
quette Bldg. 

Hutchison, George E., Accountant, Price, Waterhouse & Co., Corn 
Exchange Bank Bldg. 

Illsley, Edward, Draftsman, Lanquist-Illsley Co., iioo N. Clark St. 

Inglis, Frank D., Advertising Solicitor, R. R. Donnelley & Co. 

Irons, Frank C, Clerk, American Radiator Co., 816 S. Michigan 

Jacobson, Veder, Printer, 3844 N. Troy St. 

Jaffe, Robert W., Wedeles Bros., 178 W. Lake St. 

Jahnel, George R., Clerk, Swift & Co., Union Stock Yards. 

Jamieson, Nevin J., Voucher Clerk, Scully Steel & Iron Co., 24th 
and Ashland Ave. 

Jarchow, Christian E., Accountant, American Steel Foundries. 

Jarl, Edward L., Secretary and Treasurer, C. E. Freeman & Co., 
415 W. Chicago Ave. 

Jeffery, Arthur L., Cashier, U. S. Metal & Mfg. Co., 1104 McCor- 
mick Bldg. 

Jenkins, George S., Clerk, Chicago, Milwaukee & St. Paul Ry. 

Jensen, Zopher L., Walton, Joplin, Langer & Co., Peoples Gas 

Johnson, Alexander, Junior Accountant, Safeguard Account Co., 
29 S. LaSalle St. 

Johnson, Arthur C, Bookkeeper, Auto Parts Co., 517 W. Jackson 

Johnson, Elvin H., Auditor's Assistant, Auditorium Hotel. 

Johnson, Engw^al M., Bookkeeper, Universal Portland Cement Co., 
72 W. Adams St. 

Johnson, Gustave Adolph, Bookkeeper, Railway Appliances Co. 

Johnson, Gustave Albert, Clerk, Miami Coal Co., 1804 McCormick 

Johnston, Warren D., Clerk, Springfield Fire & Marine Ins. Co., 
134 S. LaSalle St. 

Jooss, Lothar E., Auditor, Price, Waterhouse & Co., Corn Exchange 
Bank Bldg. 

Joyer, Louis C, Bookkeeper, John Griffiths & Son, 112 W. Adams 

Judd, George M., 1725 Wilson Ave. 

Juergens, Walter H., Office Man, Chicago Scale Co., 102 1 W. Jack- 
son Blvd. 

Karcazes, Demetrious K., Bank Clerk, 611 Blue Island Ave. 

Kashiwa, M., 3036 Groveland Ave. 


Kavanagh, Clarence H., Clerk, Kavanagh Bros. & Co., 1234 W. 

KInzie St. 
Kawin, Sam, Bookkeeper and Correspondent, Charles H. Gore, 141 5 

S. Halsted St. 
Keeber, John F., Assistant Auditor, Morton Salt Co., 717 Railway 

Kehr, Carl M., Accountant, Audit Company of New York, New 

York Life Bldg. 
Keilty, Joseph H., Bookkeeper, Booth Fisheries Co., Majestic Bldg. 
Kelly, Joseph S., Bookkeeper, Bellows Bros. Co., 629 S. Wabash 

Kelly, Mark J., Stenographer, U. S. Metal & Mfg. Co., 1104 Mc- 

Cormick Bldg. 
Keyes, Carlyle M., Northwestern University Law School. 
Kinberg, William O., Clerk, The Pullman Company. 
King, Francis M., Junior Accountant, Ernest Reckitt & Co., 802 

Marquette Bldg. 
King, William C, Local Sales Manager, Virginia & Rainy Lake 

Co., 5 N. LaSalle St. 
Kirberg, Harry L., Accountant, C. G. Everson & Co., 70 W. Lake 

Klebs, Herman J., Assistant to Traffic Manager, U. S. Crushed 

Stone Co. 
Klemmer, Simon A., Clerk, Fidelity-Phenix Fire Ins. Co., 137 S. 

LaSalle St. 
Klewer, John L., Bookkeeper, Walter Baker & Co., Ltd., 32 E. 

Lake St. 
Klicka, Joseph, 1801 Millard Ave. 
Kniering, Frank J., Bookkeeper, W. W. Shaw Auto Livery Co., 

1004 S. Wabash Ave. 
Koehler, Edward W., Stenographer, F. O. Banmann Mfg. Co., 

1 501 Smith Ave. 
Koschnick, Hattie L., Stenographer, Joseph T. Ryerson & Son. 
Kreidler, Maynard L., Stenographer, Northwestern University 

School of Commerce. 
Kringel, Edwin W., Bookkeeper, American Seating Co., 218 S. 

Wabash Ave. 
Krumwiede, Theodore H., Private Secretary, Wm. M. Webster, 

1 112 Schiller Bldg. 
Kruse, Henry, Clerk, C, R. L & P. Ry. 

Lahey, Robert H., Chicago Great Western Railroad, 303 W. Har- 
rison St. 
Lander, Arthur W., 2224 S. Irving Ave. 
Landholm, Arthur, Timekeeper, Tonk Mfg. Co., Clybourn Ave. 

and Lewis St. 
Lange, Richard W., Clerk, Continental and Commercial National 



Lanterman, Ernest A., Salesman, Chicago Form Co., 25 N. Frank- 
lin St. 

Larson, Arthur W., Accountant and Credit ^lan, American Glove 
Co., 2025 Churchill St. 

Larson, Martin F., Bookkeeper, Robinson & Pfaif Co., 8 S. Dear- 
born St. 

Latus, William H., Accountant, Chicago Telephone Co. 

Legg, Sidney C, Transit Clerk, Fort Dearborn National Bank. 

Levinger, Minnie, 4820 Washington Blvd. 

Lew, Frank M., Public Accounting, 358 East 53rd St. 

Lind, Philip A., Chief Clerk, Garlock Packing Co., 25 N. Frank- 
lin St. 

Linstedt. Arthur L., Clerk, Merchants' Loan & Trust Co. 

Lobanoff, Paul E., Inspector, Chicago Telephone Co. 

Lowes, Charles E., Accountant, Union League Club. 

Lucas, Henry A., Clerk, Anglo American Provision Co., Union 
Stock Yards. 

Lundblad, Byron E., System Salesman, Baker Vawter Co., 1418 
Tribune Bldg. 

Lundgi-een, Martin, Office Manager, Independent Packing Co., 
Union Stock Yards. 

Lunow, Paul G., Bookkeeper, Rudolph Wurlitzer Co., 329 S. 
Wabash Ave. 

Lyman, Willis M., Assistant Manager, Credit Dept., Morris & Co., 
Union Stocks Yards. 

Lynch, William R., Bookkeeper, Thomas Cusack Co., 15th and 
Throop Sts. 

Macdonald, J. M., Accounting Dept., Swift & Co., Union Stock 

MacDonough, Joseph Q., Bookkeeper, Fuller & Fuller Co., 235 
W. Randolph St. 

Maddock, William H., 7220 Harvard Ave. 

Maginnis, Eugene A., Stenographer and Bookkeeper, P. C, Top Co., 
13 12 W. Harrison St. 

Maher, Henrv J.. Office Manager, Lusskv, White & Coolidge, Inc., 
69 W. Lake St. 

Mallv, George W., Central National Fire Ins. Co., 108 S. La- 
Salle St. 

Maloney, John M., Assistant ^Manager Hand Power Dept., Otis 
Elevator Co. 

Mann, George E., Assistant Cashier, Thompson, Starrett Co., 343 
S. Dearborn St. 

Martins, John J., Bookkeeper, Commonwealth Edison Co. 

Martins, Magnus J., Accountant, Commonwealth Edison Co. 

Mastro, Nicholas J., Post Office Clerk, P. Mastroianni, 622 Ewing 


Mattox, Eugene J., Hardware Clerk, HIbbard, Spencer, Bartlett & 

Mayors, William, Accountant, Price, Waterhouse & Company. 
Mays, John F., Bookkeeper, Wm. D. Elmstrom Coal Co., 42nd St. 

and Lake Ave. 
McAuliffe, Joseph P., Clerk, Chicago & Eastern Illinois R. R. Co., 

7720 Wallace St. 
McBrady, Edward J., Bookkeeper, Morris & Co., Union Stock 

McCandless, William, Clerk^ Armour & Co., Union Stock Yards. 
McConnell, Charles F., Correspondent, Sears, Roebuck & Co. 
McCreadie, Robert S., Patent Draftsman, C. G. Hawley, 630 Mar- 
quette Bldg. 
McCullough, Calvin F., Clerk, Hornblower & Weeks, 125 W. 

Monroe St. 
McDonough, Frank T., Clerk, People's Gas Light & Coke Co. 
McGauley, Joseph, Cashier, Commercial Life Ins. Co., 38 S. Dear- 
born St. 
McGibbon, Edmund E., Bookkeeper, Chicago Telephone Co. 
McGregor, James A., Salesman, Armour & Co., 2617 W. Madison 

McGuInn, Edward B., Bookkeeper, Knickerbocker Ice Co., 39 S. 

LaSalle St. 
McKinnon, William M., Accountant, Ernest Reckitt & Co., 802 

Marquette Bldg. 
McNelis, Roger J., Clerk, Chicago City Treasury. 
Merker, Albert J., Clerk, Swift & Co., Union Stock Yards. 
Meyer, Charles J., Accountant, Paepcke-Leicht Lumber Co., 940 W. 

Chicago Ave. 
Meyer, Samuel, Bookkeeper, Bauer & Black, 45 W. 25th St. 
Meyn, Henry J., Clerk, Scully Steel & Iron Co., 24th and Ashland 

Michels, John J., Assistant Office Manager, Omaha Packing Co., 

Halsted and Lumber Sts. 
Millard, Harry, Hart, Shaffner & Marx. 

Miller, Aloysius R., Clerk, L. Wolff Mfg. Co., 601 W. Lake St. 
Miller, Frederick M., Clerk, Edgar Allen American Manganese 

Steel Co., 332 S. Michigan Ave. 
Miller, Graham P., Clerk, Western Electric Co. 
Miller, William H., Bookkeeper, W. D. Gibson Co., 500 W. 

Huron St. 
Minier, George H., 2023 Orrington Ave., Evanston. 
Mitchell, Walter G., Plant Accountant, Chicago Teleplione Co. 
Mitten, Edward L., Station Accountant, C. & E. I. R. R. Co., 818 

McCormick Bldg. 
Modica, Ralph G., Bookkeeper, Felsenthal, Foreman Sc Beckvvlth, 

69 W. Washington St. 


Monahan, Eugene J., Clerk, J. W. Butler Paper Co., 223 W. Mon- 
roe St. 

Moore, Donald O., Tariff Clerk, Illinois Central Railroad, i Park 

Moore, James J., Bookkeeper, Morris & Co., Union Stock Yards. 

Mozingo, Frederick P., F. P. Mozingo and A. L. Dudley, Incor- 
porated Accountants. 

Mueller, Richard, Private Secretary, Commonwealth Edison Co. 

Mueller, Walter A., Assistant Receiver, Union Trust Co. 

MuUer, Charles, Accountant, Standard Asphalt & Rubber Co., 137 
S. LaSalle St. 

Mundt, Henry E., Bookkeeper, American Screw Co., 69 E. Lake St. 

Munger, Lloyd A., Bond Salesman, A. B. Leach Sc Co., 8 S. Dear- 
born St. 

Murphy, Charles F., Stenographer, S. B. Chapin & Co., The 

Murphy, Edwin J., Collector, Siegel, Cooper & Co. 

Myers, Harry J., Collector, Chase & Sanborn Co., 76 E. Lake St. 

Nakagami, Kiichiro, Importer, 192 Park Row, New York City. 

Naylor, Frederick L., Secretary and Treasurer, Economical Drug 
Co., 122 N. State St. 

Nedbal, Frank T., Accountant, Ernest Reckitt & Co., 802 Marquette 

Neel, Wirt R., Teller, Live Stock Exchange National Bank, Union 
Stock Yards. 

Nelson, George W., Accounting Dept., Chicago & Northwestern 
Ry., 226 W. Jackson Blvd. 

Nelson, James N., Inland Advertising Co., McCormick Bldg. 

Nielsen, Fred, Audit Dept., Mandel Brothers. 

Nieman, William C, Office Alan, Otto C. Owen, 1218 Michigan 

Nilsson, George W., Private Secretary, Tiffany Studios, 445 Or- 
chestra Bldg. 

Nixon, Julian C, Bookkeeper, Morris & Co. 

Norman, Charles R., Clerk, Marshall Field Sc Co., Wholesale. 

Norman, Sverre F., Claim Agent and Timekeeper, Vaughan's Seed 
Store, 31 W. Randolph St. 

Nuoffer, Theodore L., Salesman, Nuoft'er Clothing Co., 1620 W. 
Chicago Ave. 

O'Connell. Harold P., Clerk, Chicago Railwavs Co., 1165 N. 
Clark St. 

Oest, Otto L., Clerk, W. W. Shaw Livery Co., 1002 S. Wabash 

Ogilvie, Alexander W. T.. General Auditor, Philipsborn, 216 W. 
Adams St. 

Ohlin, John A., Cashier, Chicago Nipple Mfg. Co., 900 W. Lake 


Ohnesorge, Herbert B., Clerk, First National Bank. 

Ohnesorge, William E., 1 301 S. 6th Ave., Maj^wood. 

Oliver, Wilbcr E., Clerk, Subway Telephone Construction Co., 175 
W. Washington St. 

Olsen, Arthur, Clerk, Metropolitan West Side Elevated Railroad, 
1 00 1 Royal Ins. Bldg. 

Paffroth, Adolph T., Bookkeeper, Hart, Schaffner & Marx. 

Paselk, Erich F., Bookkeeper, Ravenswood Mill, 4884 N. Clark St. 

Peacock, Joseph F., City Real Estate Agent, City of Chicago. 

Peterson, Carl L., Bookkeeper, Marshall Field & Co., Retail. 

Petersen, Ernest, Bookkeeper and Cashier, Z. W. Bartelmann Co., 
910 Weed St. 

Petrie, David, Butler Bros., Randolph Street Bridge. 

Pilney, Agnes F., Representative, The Ladies' World, 1438 Mar- 
quette Bldg. 

Pinkney, Kenneth T., Bookkeeper, Morris Sc Co., Union Stock 

Pollard, Harry E., Assistant Cashier, LaGrange State Bank, La- 

Portley, Daniel J., 4152 Berkelev Ave. 

Preucel, Edward J., Clerk, C, R. L & P. Ry., Taylor and Sher- 
man Sts. 

Price, Walter H., Bookkeeper, W. P. Dunn Co., 429 LaSalle St. 

Price, William M., Bookkeeper and Cashier, Price & Temple Piano 
Co., 1658 Besly Ct. 

Purchase, Anson G., Student, Oak Park, Y. M. C. A. 

Quayle, Frederick R., Electrical Engineer, Automatic Electric Co. 

Radon, Harry C, i iii N. Winchester Ave. 

Raymond, Philip W., Bookkeeper, Elgin, Joliet & Eastern Ry. Co., 
72 W. Adams St. 

Read, Lyle D., Salesman, Illinois Steel Co., 13 19 Wabansia Ave. 

Read, William B., Bookkeeper, Chicago Portland Cement Co., 30 
N. LaSalle St. 

Redenbaugh, Marcus M., Clerk, Office of Auditor of Expenditures, 
C, B. & Q. Ry. 

Rentschler, Henry M., Shoe Salesman, The Rosenbach Co., Cin- 
cinnati, Ohio. 

Rheault, Charles A., Disraeli, Quebec. 

Richardson, Robert L., Bookkeeper, United States Equipment Co., 
343 S. Dearborn St. 

Riedmayer, Aloysius J., Clerk, Chicago, Milwaukee & St. Paul R. R. 

Rigeman, August H., Clerk, Chicago Telephone Co. 

Riley, Don W., Western Trust & Savings Bank, The Rookery. 

Riske, Otto A., Clerk, Chicago, Milwaukee & St. Paul R. R. Co. 

Rosenzweig, Harry, Clerk, Peck & Hills Furniture Co., 14th St. 
and Wabash Ave. 


Rosenzweig, Louis, Clerk, Hart, Schaffner & Marx. 

Roser, John H., Jr., 2212 N. Central Park Ave. 

Rosing, Helga, Bookkeeper, L. Meyer & Son, 18 S. Fifth Ave. 

Rowe, Ernest A., Head Bookkeeper, Siegel-M)Trs Correspondence 

School of Music. 
Ruckert, Arthur J., Bookkeeper, Morris & Co., 22 Fulton St. 
Ruckes, J. J., Jr., Chief Engineer, Barrett Mnfg. Co., 1006 First 

National Bank Bldg. 
Samel, Henry A., Teacher, Wendell Phillips High School. 
Sanger, Walter L., Accountant, Spiegel, May, Stern Co., 1065 W. 

35th St. 
Satter, Charles J., Clerk, Paepcke-Leicht Lumber Co., 940 W. 

Chicago Ave. 
Sauerman, John A., Sales Agent, Trenton Iron Co., 1122 Monad- 
nock Block. 
Saunders, David S., Clerk, Swift & Co., Union Stock Yards. 
Scarborough, J. Barret, Clerk, Twentieth Century Machinery Co., 

Scharf, Earl M., Clerk, Springfield Fire & Marine Ins. Co., 134 S. 

LaSalle St. 
Schkurovich, George J., Auditor, Hillman's. 
Schlake, William F., Clerk, Illinois Brick Co., 916 Chamber of 

Commerce Bldg. 
Scholz, Ferdinand M., Accountant, Foster Munger Co. 
Schonlan, Emil C, Assistant Manager, Transo Paper Co., 735 W. 

Division St. 
Schrader, H. W., 3822 Byron St. 
Schramm, Ernst G., Stenographer, Wm. Salomon Sc Co., 105 S. 

LaSalle St. 
Schultz, Edward P., Collection Clerk, General Electric Co., 1047 

Monadnock Block. 
Schurman, Ralph, Bookkeeper, Marshall Field & Co., Retail. 
Seymour, Mather, Cost Clerk, Union Wire ^lattress Co. 
Shay, George T., Salesman, McKay & Poague, 1356 E. 47th St. 
Sheridan, Thomas W., Clerk, American Steel Foundries. 
Shute, Herbert W., 3314 W. Monroe St. 
Silverman, Benjamin H., Division Auditor, C. R. I. & P. R. R., 7059 

Stewart Ave. 
Siroky, George F., Cost Clerk, Automatic Electric Co., looi W. Van 

Buren St. 
Sisson, Blanche E., Bookkeeper, John Magnus & Co., 1055 35th St. 
Skubic, Edward P., Stock Clerk, Western Electric Co., Hawthorne. 
Slavin, Frank E., Marshall Field & Co., Wholesale. 
Smith, John V., Bookkeeper, Chicago Telephone Co. 
Smith, Orlo D., 2122 Sherman Ave., Evanston. 
Solomon, Lewis J., Manager Sales Promotion Dept., Spiegel, May, 

Stern Co. 


Solon, Edward J., Bookkeeper, Interstate Amusement Co., Majestic 

Soma, Trygve, Foreign Sales Dept., International Harvester Co. 

Spencer, George O., Fire Ins., Clerk, Moore, Case, Lyman & 
Hubbard, 29 S. LaSalle St. 

Sperling, Samuel, Salesman, T. A. Snider Co., 222 N. Wabash 

Spong, Aaron, Cashier, Armour & Company. 

Srill, Edward A., 452 East Illinois St. 

Staehle, William, Manager Shipping Dept., Chicago Mercantile 
Co., 19 N. Wabash Ave. 

Staley, Myrtle M., Bookkeeper, Eddy Brass Foundry and Machine 
Co., 173 N. Green St. 

Steelhammer, Arvid M., Auditor, Page-Joyce Co., 1137 Unity Bldg. 

Steelhammer, Emil F., Clerk, Von Frantzius & Co., 124 S. La- 
Salle St. 

Stenn, Harry M., Accountant, Ernest Reckitt & Co., 806 Mar- 
quette Bldg. 

Stephens, John A., Traveling Salesman, Sharp & Dohme, 234 W. 
Randolph St. 

Stockenius, Daniel A., Salesman, J. W. Butler Paper Co., 233 W. 
Monroe St. 

Stone, Elmer L., Credits, Morrisson, Plummer Co., 310 W. Wash- 
ington St. 

Strelow, Herman J., Bookkeeper, Compagnie Generale Transat- 
lantique, 139 N. Dearborn St. 

Strobehn, Fred C, Cashier, Lyon, Gary & Company, 406 Mar- 
quette Bldg. 

Swanson, Albert E., Bookkeeper, Lee, Higginson & Co., 463 The 

Swanson, Harry E., Designer, S. Karpen Bros., 22nd and Union 

Sweeney, Gerald F., Audit Clerk, Western Union Telegraph Co. 

Tanke, Emma A., Bookkeeper, O. W. Tanke, I4CX> N. Clark St. 

Taylor, Barry, Clerk, American Steel Foundries. 

Thejll, Christian W., Clerk, The Pullman Company, Pullman. 

Thompson, Del B., Accountant, Neola Elevator Co., 137 S. La- 
Salle St. 

Thorp, William J., Assistant Auditor, Goodrich Transit Co. 

Tonk, Percy A., Tonk Mnfg. Co., Clybourn Ave. and Lewis St. 

Tonneson, Henry, Bookkeeper, L. A. Becker Company, 22nd and 
Halsted Sts. 

Torstenson, Irving N., Stenographer, William Salomon & Co., 105 
S. LaSalle St. 

Tgrtorell, Joseph N., Bookkeeper and Cashier, Newman Clock Co., 
1526 Wabash Ave. 


Towle, Elizabeth C, Bookkeeper, Respess & Co., 206 S. LaSalle 

Traynor, William B., Accountant, Swift & Co., Union Stock 

Treleaven, Walter S., Voucher Clerk, People's Gas Light & Coke 

Trull, Albert H., Policy Clerk, American Bankers Ins. Co., 509 

Tacoma Bldg. 
Tufts, Arthur M., Asst. Traffic Manager, James B. Clow & Sons, 

544 S. Franklin St. 
Tuverson, Frank F., Accountant, Swift & Company. 
Tylman, Daniel F., Accountant, National Box Co., Union Stock 

Ullman, Jacob M., Bookkeeper and Cashier, Northern Equipment 

Co., 416 W. Indiana St. 
Unger, Samuel, 514 Chamber of Commerce. 

Valette, Elbert C, Auditor, Illinois Steel Co., Commercial Na- 
tional Bank Bldg. 
VanderHoeven, Frank J., Bookkeeper, United Pump and Power 

Co., Old Colony Bldg. 
Vanderwalker, Fred N., Assistant Advertising Manager, Carter 

White Lead Co. 
Vernon, Julia Graves, 2126 W. Monroe St. 
Vernon, Olive, 2126 W. Monroe St. 
Vescelus, Clarence E., Cashier, Illinois Improvement and Ballast 

Co., 72 W. Adams St. 
Vinton, Harold K., Bookkeeper, Cable Co., 301 S. Wabash Ave. 
Voorhees, Alfaretta, Accountant, 6044 Woodlawn Ave. 
Vorhauer, William A., Salesman, Best & Russell Co., 535 S. Wabash 

Wacker, Frederick G., Real Estate, Baird & Warner, 112 N. La- 
Salle St. 
Wall, Edward J., Auditor, W. F. Priebe Co., 192 N. Clark St. 
Wallin, John E., Clerk, Chicago, Rock Island & Pacific Ry. 
Walsh, Charles M., Collector, American Express Co. 
Walsh, Matthew J., Bookkeeper, Universal Automatic Type-casting 

Machine Co. 
Washburn, William F., Bookkeeper, Hornblower & Weeks, 125 W. 

Monroe St. 
Watson, James G., Bookkeeper, Englewood Hospital, 6001 Green 

Weil, Jacob M., Manager Credit and Sales Dept., Weil Bros., 651 

W. Lake St. 
Weinberg, Jacob S., Buyer and Dept. Manager, Meyer & Co., 161 

W. Harrison St. 
Weiss, George V., Traveler, Selz, Schwab & Co., 40 S. Market 


48 N O R T M W EST !• R N U N I V E R S I T V 

Weiss, Julius C, Factory Manager, Schoen Sc Schoen, 507 Jackscjn 

Wcitzenfeld, David H., Accountant, McGre^^or, Chase Sc Co., 69 W. 

Washington St. 
Welln, Harry J., Cost Clerk, MIehle Printing Press & Mnfg. Co., 

14th and Robey Sts. 
Wells, Ernest E., Clerk, Central Elevator Co., Indiana Harbor, 

Wendel, George J., Office Manager, Emporium World Millinery^ 

Westberg, Frederick T., Bookkeeper, Friedman Mnfg. Co., 40th 

and Transit Ave. 
Weston, Walter H., Bookkeeper, Marshall Field & Co., Retail. 
Westphaln, Harry G., Clerk, City Electrical Department. 
Wetzel, Albert J., Stenographer, Illinois Steel Co., 13 19 Wabansia 

Wheeler, Frank A., Bookkeeper, Charles H. Wacker, 134 S. La- 

Salle St. 
Whitfield, Ernest J., Bookkeeper, Lussky, White & Coolidge, Inc., 

69 W. Lake St. 
Wiersen, Annie C, Bookkeeper and Cashier, Warwick Construc- 
tion Co., 540 Monon Blk. 
Williams, Harry B., Bookkeeper, Great Lakes D. & D. Co., Cham- 
ber of Commerce. 
Williams, Percival L., 2423 Harrison St., Evanston. 
WInkelman, John E., Accountant, C. W. Elphicke &- Co., 306 

Sherman St. 
Woldhausen, Walter L., Clerk, Sears, Roebuck & Co. 
Wolff, Lionel H., Bookkeeper, S. R. Fralick & Co., 12 S. Jefferson 

Wood, Edw^In W., Clerk, Chicago Telephone Co. 
Wright, Oliver K., Stockman, Marshall Field & Co., Wholesale. 
Young, Thomas H., Clerk, Chicago Railways Co., 11 65 N. Clark 

Zillmer, Frank G., Salesman, F. H. Hill Co., 954 Washington 

Zimmerman, Edw^in, Assistant Cashier, Chicago White Lead and 

Oil Co. 
Zuckerman, Morris W., Salesman, J. Zuckerman & Co., 219 S. 

Dearborn St. 






















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-'^^ University Bulletin is 
published by the University 
weekly during the academic 
year at Evanston, Illinois. 
Entered at the post office at 
Evanston, Illinois, as second 
class mail matter under act 
of Congress of July 16, 1904. 
Volume XI, Number 38, 
June 16, 1911